About your Search

20130105
20130105
STATION
FBC 7
MSNBCW 7
CNNW 5
CSPAN 2
KQED (PBS) 2
WETA 2
KNTV (NBC) 1
KQEH (PBS) 1
KRCB (PBS) 1
KRON (MyNetworkTV) 1
WBFF (FOX) 1
WGN (CW) 1
WJZ (CBS) 1
WRC (NBC) 1
WUSA (CBS) 1
( more )
LANGUAGE
English 36
Search Results 0 to 35 of about 36 (some duplicates have been removed)
unprecedented. there's no change in sight. this is the debt ceiling debate of july and august 2011 which was supposed to come to grips with spending and our debt. it was punted off until this january. what came out was another probably as a result of the next one. we will come out with everything deferred. we are not facing the problem. ultimately, it will destroy our economy. >> i disagree with both nina and charles. it was postponed. it was avoided. that's a good thing. yes, the candid get kicked down the road. they had to because of the sequestration that will be taking place. what was achieved is that the president the achieved his goal of increasing the tax rate on the wealthy. that was important. the loser clearly being speaker boehner. yet a bad beginning of the year. >> the voters send them across the washingtons and make sure that they get every benefit that the government has available to them. they some republicans to washington to make sure that they will not have to pay. both parties keeping promises. they will much such a single gray hair on that beautiful hair of social se
as well saying he'll use the debt ceiling debate to try to cut spending. so it looks like we are gearing up for another big battle, craig. this vacation will not last very long. >> kristen welker with a whole lot of day left in hawaii. i expect you have plans as well. good luck, kristen. >> thanks, craig. >> out with the old and in with the new. we're not just talking about out with the old and in with the new. we're not just talking about the fights on the horizon that will include a few familiar faces and washington post ed o'keefe, good afternoon to you, gentlemen. >> gentlemen. >> ed, the end of 2012, all about the fiscal cliff. right now we're talking about the debt ceiling discussion ahead. how tough of a fight is president obama going to be coming home will to? >> oh, a very tough one because republicans now determined more than ever to get spending cuts as part of the fiscal deal on the fiscal cliff. the president said he's not negotiating over it and the new congress began making it very clear that spending cuts will be what they focus on like a laser in the coming months as neg
and the speaker said that the president said that he n't going to have a debate with us over the debt ceiling. he also sayshat he's not going to cut spending along with a debt limit hik. fiscal cliff behind us on the focus turns to spending. speaker boehner cited a new poll, shwing 72% of americans agree with him. but any increase in the debt lit must be accompanied by an equal amount in spending cuts. senator john cornyn saying that if the president intends the president intends to carry through with his no negotiation threat, but a government shutdown may be the only way to find resolution. the new senate majority leader is saying that it may be necessary to partially shut down the government in order to secure the fiscal well-being of our country. the looming deadline for action has been obvious. and in every instance the white house has purposely blow up the process in a shameless attempt to score cheap political points. "the washington post" reported the top ally in the senate may not be fully on board with his approach his imperious stance, if you will. senator harry reid reportedly warned
in spite of the debt ceiling debate. >> i don't think that the spending cuts will be as significant headwinds for the u.s. economy because these spending cuts are made over ten- year period. there won't be a significant amount of spending cuts that will take place in 2013, so that's why i think it's less of an issue. >> reporter: still, there's ample concern about what the expiration of the payroll tax cut will mean for spending and ultimately hiring. don't forget all americans will see a smaller paycheck this year, because of that change. >> consumers aren't well poised to absorb a 2% tax increase and nonetheless that's what's going to happen, and it's going to keep us stuck in this slow growth territory. >> reporter: and, slow economic growth makes companies less confident about adding new workers. as a result, it is widely predicted that this year will be another period of only modest hiring. >> my expectation is that we'll probably see more of the same. 150,000, give or take, slight, gradual declines in the unemployment rate over time. it's hard to see what's going to provide an
will increase payrolls this year in spite of the debt ceiling debate. >> i don't think that the spending cuts will be as significant headwinds for the u.s. economy because these spending cuts are made over ten- year period. there won't be a significant amount of spending cuts that will take place in 2013, so that's why i think it's less of an issue. >> reporter: still, there's ample concern about what the expiration of the payroll tax cut will mean for spending and ultimately hiring. don't forget all americans will see a smaller paycheck this year, because of that change. >> consumers aren't well poised to absorb a 2% tax increase and nonetheless that's what's going to happen, and it's going to keep us stuck in this slow growth territory. >> reporter: and, slow economic growth makes companies less confident about adding new workers. as a result, it is widely predicted that this year will be another period of only modest hiring. >> my expectation is that we'll probably see more of the same. 150,000, give or take, slight, gradual declines in the unemployment rate over time. it's hard to see wha
he will not negotiate over the debt ceiling. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >> reporter: if the president won't come to the bargaining table one top republican in the senate john cornyn says in an op-ed in the houston chronicle it may be necessary to partially shut down the government in order to secure the long-term fiscal well being of our country. democrats warn, watch out. >> risking government shutdown, risking not raising the debt ceiling is playing with fire. >> on this vote the aye are 354 the nays are 67. >> reporter: a preview of the brinkmanship came in the house where 67 republicans including house budget chair paul ryan voted against $9.7 billion in aid for victims of superstorm sandy despite the tongue larshig from new jersey governor chris christie. >> shame on you. shame on congress. >> reporter: the fact that the rest of the relief is up in the air until later this month was a letdown for new york and new jersey lawmakers. even the
-called fiscal cliff may be behind us, but the next round of the debt ceiling debate looms large in the near future. i'll ask the co-chair for the campaign to fix the debt what lies ahead. >>> and report that tim geithner will leave before that battle has many wondering how that could affect the economy. >>> if you think hillary's departure of the secretary of state will leave the country without a clinton on center stage, think again. >>> and "office politics." i talk to al roker from everything from the fiscal cliff to the first one-on-one he scored with the president after his short inauguration. good morning, welcome to "weekends with alex witt." we have front page politics. with the fiscal cliff deal behind us, president obama is turning his attention to the next battle in today's weekly address, the debt ceiling. >> one thing i will not compromise over is whether or not congress should pay the tab for a bill they already wracked up. if congress refuses to give the united states the ability to pay its bill on time, consequences for the entire global economy could be catastrophic. >> mea
. it will be unpredictable. 2012's worries have not disappeared. we have a debt ceiling debate, a fiscal cliff deadline on the horizon, a budget discussion, and here in the united states we still have concerns about growth in europe and asia. cnn money polled a group of money managers. on average, they forecasted the s&p 500 will finish the year up 4.5%. that's pretty low by historical standards. pimco founder and chief investment officer bill gross is on the same page. his forecast, one that stocks and bonds both return less than 5% in 2013. unemployment, by the way, he thinks will stay at 7.5%, and that gold will grow up. ned riley, chairman of nily asset management. you are an eternal optimist with marks. are these forecasts too low? >> they are too low. as a matter of fact, we're looking specifically for the unemployment rate to drop to about 7%. the creation of 250,000 jobs a month seems a little bit ambitious as the administration has put that out as the target. but i look at things such as what the auto industry is doing today versus what it did a year ago. what the housing industry is going to
? >> okay, let's go from there to looking ahead to the debt ceiling debate, kristen. what is the his's strategy to get what it wants out of this deal without getting into another budget showdown? >> well, if you talk to white house officials they believe they have more leverage going into this battle in part because they got republicans to break on the issue of increasing taxes on wealthier americans, that's, of course, what president obama campaigned on and he got that as a part of the fiscal cliff deal. moving forward i think you can expect to see president obama hitting the road, taking his message on the road, traveling to different states and making the argument if the debt ceiling isn't increased, the economy will suffer. you hear him say he's not going to negotiate with republicans. what specifically does that mean, we'll have to wait and see because, of course, house speaker john boehner is also taking a very hard line. he has said that he's not going to negotiate with president obama in these one-on-one sessions that we've seen in the past budget battles and he believes he's
revenue and spending cuts. to be a part of the debt ceiling debate. spending cuts must be balanced with reforms to our tax code. the wealthest and biggest corporations shouldn't take of loop holes and deductions. it is settled when they raised taxes on the rich . now they want to focus on spending cuts . they are likely to have more leverage . the if the is democrats refuse to take a meaningful statement to make washington live within its mean. that fails to acknowledge what every family knows. when you have no more money in the account and credit cards are maxed stop. that made employers less likely to hire. we can't afford that uncertain ty even with the threat of a default. it could trigger a global recession . >> tomorrow on fox news sunday. john roberts with chris wallace . his guest republican jim jordan from ohio and democratic chris van hollen. check your time for times. >> fox news confirms that and it is chuck haggerty. and james rosen has this report. >> jamie, good evening. two democratic sources confirm to ed henry late yesterday that president obama settlod chuck hagg
. but there are still plenty of financial problems for lawmakers to tackle. next up - the debate over the debt ceiling. republicans say they don't even want to talk about it, until president obama is ready to start talking about spending cuts. but as brian todd reports, the president could get the money he needs to keep the government running, without any help from capitol hill. >> the president says that he will not to negotiate with congress over lifting the debt ceiling. >> will not play that game. >> the president might not want to have this debate but he is going to have because this is what the country needs it. >> is there a magic bullet to solve the crisis? " what a magic going. some legal scholars are suggesting a one trillion dollar platinum coin you could be minted. if they could use that to pave the debt. to pay the debt-- and it sounds silly but it is absolutely illegal. >> why do think that it is a a? >> i think that it is better than a government shutdown or the bad alternatives. >> technically it appears to be legal. the u.s. government print money but how much paper can be in circulat
get ugly. president obama has vowed not to debate the debt ceiling, and boehner says he won't negotiate one-on-one with the president again. that doesn't sound promising. joining us is john yarmouth of kentucky. nice to see you again. >> good to see you, alex. >> is the nation looking at yet another 11th hour and 59 minute nightmare coming at the end of february for raising the debt ceiling? >> well, i suspect we are. and it's very unfortunate. one of the things that is mind boggling to me, many of the republicans who are talking about this debt ceiling and not raising the debt ceiling are so disingenuous, because last year, they all voted with the exception of ten republicans in the house, voted for the paul ryan budget which raises the national debt by 3 trillion over the next ten years, you can't be for a budget that raises the debt by 3 trillion and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially exto
a shutdown, but we have to have real savings and reforms before it can have a debt ceiling debate. host: and the debate over the filibuster rule is something the senate will be taking up, harry reid setting perform needs to take place. some freshmen members, seven of the nine freshmen democrats say they support changes to the filibuster rule. guest: i think there will be some changes to the filibuster rule. we have been working on it. the majority leader in the senate and the minority leader are negotiating already the changes right now. i think it has to be done in a way where you continue to have a filibuster, but you have some changes that would ensure minority rights are represented in the senate, so you have the kind of policy coming out of the congress that has broad based bipartisan support throughout public. we are talking about addressing these big challenges. we're talking outperforms to entitlement programs. when we talk about tax reform, when we talk about finding real savings to get on top of the debt and deficit, when we talk about a balanced budget amendment, that takes n
the debt ceiling was a bad idea when bush was president and said he would not vote for it. guest: with this a filibuster debate that is going on now in the senate between the republicans and democrats, if you go back and read the comments, they were reversed in 2005 when the democrats were filibustering george bush's traditional nominations. i think it is important to do these things on their merits. i think senator obama's vote was a mistake. if there is any truth in this town, it is that there is no dearth of blame to go around. host: how much time did you take to consider the caucus? guest: i did not make a decision during the campaign. i was asked a question almost exclusively by washington journalists. i was virtually never asked the question by people in maine. most people in maine did not care. they said, go down there and try to get something done. one guy yelled across the diner, i do not care who you caucus with. i am with you all the way. the first question was, could i be entirely independent, not join either caucus and be a free agent. that had some appeal, but based
isn't going to have a debate with us over the debt ceiling. he also says he's not going to cut spending along with the debt limit hike. and then citing a poll conducted by republican david winston, boehner said, 72% of americans agree any increase in the nation's debt limit must be accompanied by spending cuts and reforms of a greater amount. the debate is already under way. number two, texas senator john cornyn took that fighting spirit even further threatening a partial government shutdown. he said in an op-ed, the coming deadlines will be the next flash points in our ongoing fight to bring fiscal sanity to washington. it may be necessary to partially shut down the government in order to secure the long-term fiscal well-being of our country rather than plod along the path of greece, italy, and spain. president obama needs to take note of this reality and put forward a plan to avoid it immediately. finally, pennsylvania republican senator pat toomey voiced the same sentiment earlier this week on "morning joe." >> our opportunity here is on the debt ceiling. the president has m
with dynamite with the debt ceiling. >> is the glass full or half empty. >> tax increases destroy jobs. >> we always assume the republicans have the leverage in the debt ceiling negotiations. >> i will not have another debate with this congress. they should pay the bills they have already racked up. >> he is the president. >> class a statesmanship. >> it is the time to rise. >> will the 113th congress be any less dysfunctional than the 112th? >>> with the fiscal cliff or curve or slope or whatever you want to call it, i'm glad we don't have to have this debate anymore. newly -- with that behind us,
house after the president insisted earlier this week he will not negotiate over the debt ceiling. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >> reporter: if the president won't come to the bargaining table, one stop republican in the senate, john cornyn, says in an op-ed in "the houston chronicl chronicle", "it may be necessary to partially shut down the government." >> democrats warn, watch out. risking government shutdown, risking not raising the debt creeling is playing with fire. >> on this vote, the yays are 354, the nays are 67. >> reporter: a preview of that brinkmanship came in the house, where 67 republicans, including house budget chair paul ryan, voted against $9.7 billion in aid for victims of superstorm sandy. despite the tongue-lashing they got from new jersey governor chris christie. >> shame on you. shame on congress. >> reporter: the fact that the rest of the storm relief is now up in the air until a vote late thermowas a letdown for new york and ne
in 2011, get pulled into that debate. but republicans want a fight, tying the debt ceiling to spending cuts required by the fiscal cliff. >> we're crushing today's small business and the next generation of americans under a mountain of debt. >> reporter: they see an opening at the end of february when the debt limit, new $16.4 trillion, comes up as do mandatory spending cuts in the tebz of billions. >> it's time to face up to the fact our nation is in grave fiscal danger, grave fiscal danger, and it has everything to do with spending. >> reporter: with taxes raised now, republicans contend they own the spending cut debate. to complicate matters, the government runs out of funds for day to day operations at the end of march, meaning all three of these deadlines will soon merge. >> axelrod: major, thank you. the latest employment numbers out yesterday have the economy adding 155,000 jobs last month. not enough to budge the unemployment rate from 7.8%. it's especially slow going in the public sector. hiring there hit a six-year low. still, some government agencies are starting to add work
. there is a lot -- gei: are you worried about this debate going on in washington, the debt ceiling to my defense spending, sequestration, on and on. negative impacts in december. did you think those will hold the market back? >> policy mistakes and my number one concern, and that's from washington. the market here is that a very important inflection point. this could be what i call the point of recognition. valuations in the market based on bond yields verses equity yield since august of 2011 when europe was giving big problems. they rose to levels never before seen which show a tremendous fear on the part of investors. right now they're back in the lower part of that range. if we can break through that it shows that investors will not be demanding as much of a risk premium as thee have been. that would be bullish for the market. i think there's a good chance we see all-time highs this year in the s&p. gerri: give me one sector name you like and then we have to go. >> i did not get compliance approval for a name, but i'm very bullish on financials and on consumers. gerri: thagives us a lot to ch
. >>. >> reporter: the president says he won't negotiate with congress over lifting the debt ceiling. >> i will not play that game. >> reporter: republicans say -- >> the president may not want to have this debate, but it's the one he's going to have, because the country needs it. >> reporter: so while they debate over a debate and raise head-long into the dead ceiling, is there a magic bullet to solve the crisis? try a magic coin. some economists, legal scholars and now even a congressman, are suggesting a $1 trillion platinum coin could be minted and the government could use that to pay the debt, avoid default and preempt the debt kreeg crisis. democratic congressman gerald name and address or of new york says i'm being serious. it sounds silly but it's absolutely legal. why do you think it's a good idea right now? >> well, i think it's better than a government shutdown. it's better than defaulting on the debt. it's better than the bad at actives. >> reporter: and technically, it does appear to be legal. here's how. the u.s. government can print new money, but under law, there is a limit
the president said about negotiating on the debt ceiling. let's listen to what he said. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >> here is a response from senate minority leader mitch mcconnell. he says the president may not want to have a fight about government spending over the next few months, but it is the fight he is going to have, because it's a debate the country needs. this sounds like what we saw in the 112th, same old rhetoric leading up to this new cliff. do you think that there's a very conceivable threat that the government could default on its loans? you say that the ceiling needs to be raised. senator jon cornyn says it may be necessary to shut down the government. what's your view on that? >> look, whether we go through a process of actually reaching the point where the government is shut down, we may or may not do that. i don't know. i don't think anyone knows. ultimately, we know that whether we go th
two months before they raised the debt ceiling on risk. the president says the debt limit needs to rise. republicans say the president isn't willing to cut spending he will get a debate whether he likes it or not. some are proposing using one trillion dollars to pay this year's budget deficit. those against the coin idea... mike quickly snagged an influential assignment in the new congress. he will be the only member from illinois to serve on that panel. in an attempt to reach a compromise on pension reform in illinois willing to back off a proposal that will shift pension costs for suburban in downstate teachers. quinn says that he hopes madigan ships on who pays the pension costs will lead to a breakthrough on a pension reform. quentin and legislative leaders are scheduled to meet tomorrow afternoon to discuss pension reform it's believed it's sometimes easier to pass it difficult legislation in this waiting days of the session. the head of chicago immunizations will talk to us on how it looks so far. a pilot arrested moments before his plane was supposed to take off what poli
coin which is legal, i am told, deposit it in the federal reserve, and then we could payoff our debts without the ceiling being raised. it has been endorsed by people like paul crugman and joe weisenthal who says is it silly? what is silly yes, sir is a rich nation having a debate on whether it will pay what it owes. what will this do to inflation? let's go to a dog who can cross his eyes. >> cross your eyes. cross your eyes. goods girl. >> i want to know how he figured that out and how he got the dog to do that trick. >> i don't know if i buy that trick. >> computer generated cgi. >> but do you know what, it probably saved a lot of torture on dogs. now you can cgi the tricks in assisted of forcing the dog to do the trick. >> america's funniest home video will never be the same. >> this whole thing, this giant coin, i love giant coins, but this one seems silly to me. you love silly things. >> i do. i made a career out of this. >> you probably love this. >> have i no problem with silly coins. if that will solve our problems and delight the country at the same time, i don't see how we c
and negotiate on debt ceiling when the republicans are sitting there looking at chipping away at the big three, and not move on that? >> well, i mean, it's disheartening to hear it. but i think the president got to keep his eye on the ball here. social security is not the problem for this particular issue that we're talking about. if he wants to deal with that on a side war issue in another way, and there are other solutions there that aren't what the president or the republicans are talking about, i think he's got to -- that's his job too as president, ed. keep the focus. keep everybody's eye on the ball with the current issue of the day. and he can't let us get distracted. he can't let the american people get distracted by this sidebar discussion about social security. >> congressman tim ryan, great to have you on "the ed show" tonight. thank you so much. >> all right, ed. >> you bet. >>> republicans are planning to take a hostage with the debt ceiling coming up. then the nypd offers some advice from a hostage negotiator. eugene robinson and howard fineman with the latest on all of that. >>>
. the president's... . the presiient says he onnt negotiate ith congress over liftiig the debt-ceiling. "i will not play that gamm!" republicans say: "the presideet maa not want to have phis debatee but it's the one he's gonna have - becauue the coontry needs it." so while they debate over a debate- ann &pbuulet to solvv the crrsis? 3 try a magic coin. some economists, legal scholars and now even a congressman are suggessing a 1-trillionndollar and he gooernment could use default and pre-empt the debt ceeling crisis. democratiic congressman jerrold adlerrof new york ays "i'm being absolutely serious... it absolutely legal." i spoke to you think it's a good idea do right now." "well i thiik it's better than aagovernmenn shut- down. it's better than ddfaulting on the debt. i mean &pit'' better than the bad alternaaives." ann technically it appeaas to be legal. here's how. "the uss money... but under law there's aalimii toohow much paper money can circulate at any onee that limit at least whaatee dennminations gold, silver and copper coins can be. bbt there ii no limit on platinum &pcoi
the fights. the fiscal cliff debate -- it doesn't end. >> the united states still faces huge debt and the need to raise the debt ceiling, more money can be borrowed. >> the last time they couldn't get the debt ceiling under, that's where we got to the fiscal cliff, right? >> that's right. that big fight over raising the debt ceiling. remember, the danger -- this is one reason the president wanted the first deal, the thing he's really thinking about when he says i am not negotiating, i'm not letting this in negotiations, raising the debt ceiling, he doesn't want the worlds destabilized. he wants to get the united states' fiscal house in order. he doesn't want a fight. historically this has not been a big fight. if the republicans hold his ground and the president holds his ground, the fight we had over the fiscal cliff will look like child's play compared to this battle. >> john boehner re-elected speaker of the house this week but not without republican defections. if there are winners and losers -- hate using that term because it seems that everything is about winning and losing.
Search Results 0 to 35 of about 36 (some duplicates have been removed)